SafePal Data Breach Hits Nearly 40,000 Customers

SafePal recently confirmed a security incident that compromised the data of 39,798 customers. The company identified a vulnerability in a third party order tracking plugin that allowed unauthorized access to sensitive user information. This breach occurred on August 16 and has since led to the exposure of customer names, home addresses, and phone numbers.

To make matters worse, reports indicate that this stolen data is now being offered for sale on a cybercrime forum. The leaked records include details that link specific individuals to hardware wallet ownership. This creates a serious security risk for those affected, as targets may now face an increased threat of phishing attacks or physical theft attempts.

SafePal has since addressed the technical flaw to prevent further leaks. Users who purchased hardware wallets during the affected window should remain vigilant. Watch out for suspicious emails, phone calls, or text messages that claim to be from the company, as scammers often use this type of stolen data to trick victims into sharing their recovery phrases.